"I've met Frank socially on several occasions, and a general...

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Nimingarra

65 Posts.

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17/04/23

22:03

Post #: 67321486
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Originally posted by xmholmes: ↑

"back at 40c+ in no time IMO... I will forever be stunned that MNS had this dip"Perfectly expressed. The longer timeframe will highlight the nonsensical lack of short term support for a share that, in history, consistently falls on good news. Not only falls, but plummets. Makes no sense. I've met Frank socially on several occasions, and a general comment he has made is that the 'market' never seems to understand the decisions the company makes.

I've held onto my shares since 2015 at a price similar to what it is today. That's 8 years of the most horrendous rollercoaster ride of my life. In 2016, my (then) teenage daughter went aboslutely ballistic at me when I told her of the mammoth (several hundred thousand dollar) profit I could potenatially make by selling my shares, but that I wasn't going to sell, because I believed they would still go higher. How horribly wrong I was and my daughter was absolutely correct!!!!!!

Having said all that, and admitting I made the biggest mistake of all time by not selling in 2016, doesn't mean I have lost faith in the company. On the contrary, the future looks extremely bright. They latched on to the battery revolution paradigm in the early stages and will undoubtedly be proven winners in the longer term as a result.

Yes, my hip pocket has a big hole with a patch on it, still holding my substantial number of shares, but I will continue to hold. Frank Poulas is a quality leader of a company that is rapidly getting its act together, through strategic partnerships, to be a game changer in the Li-ion battery market.

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"I've met Frank socially on several occasions, and a general comment he has made is that the 'market' never seems to understand the decisions the company makes."

In all fairness, it is Frank's job to ensure the market understands the company's decisions, and why they will benefit the shareholders. If there was more detail in the announcements, maybe things would be different?

MNS Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

2 Great analysis

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